69. How Inventing Failures INCREASE Your Income | Invent With Me
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Pursuing an invention can completely transform your skillset—even if the product doesn’t succeed the way you expected.
This episode is brought to you by QuickPatents LLC. Looking for the IWM trusted patent solution? Look no further! https://www.quickpatents.com/
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00:38 Should Inventors Start a Business?
02:47 How inventors Can market their invention
06:00 Failure in inventing can be a good thing
08:32 Don't be afraid of manufacturing your invention
11:30 What if my invention doesn't sell?
15:25 Where inventing can take you that you didn't think of
Most inventors believe they are taking a huge risk.
They worry about wasting money, embarrassing themselves, or building a product that nobody wants.
But what if the real truth is this:
You literally can’t lose by inventing.
Grant shares his personal journey from being a construction worker with a high school diploma to building a multi-million dollar product business and eventually being paid $1,500 per day for marketing consulting and media strategy.
Along the way, many of his worst fears about inventing actually came true.
• Losing money on early advertising
• Manufacturing problems and bad product batches
• Embarrassing early marketing attempts
• Questioning whether the product idea was even good
But each of those setbacks forced him to develop valuable skills that changed his career forever.
In this episode you'll learn:
• Why inventors accidentally become experts in business
• How failing at marketing can turn into a powerful skillset
• The manufacturing lessons every product inventor must learn
• How inventing teaches you sales, networking, and problem solving
• Why even a “bad” product can lead to massive opportunity
Inventing isn’t just about creating a product.
It’s about becoming the type of person who can build, market, and scale ideas.
And once you develop those skills, they transfer into consulting, entrepreneurship, marketing, product development, and business opportunities far beyond the original invention.
If you’re an inventor, product developer, entrepreneur, or someone with an idea you’ve been afraid to pursue, this episode will completely change how you think about risk.
Because the truth is simple:
You either win, or you learn.
🎙 About the Invent With Me Podcast
The Invent With Me Podcast helps inventors, product creators, and entrepreneurs turn ideas into real businesses. Each episode explores product development, manufacturing, patents, marketing, crowdfunding, and the real journey of bringing inventions to market.
Hosted by Grant Martin, founder of TorkStrap, a multi-million dollar cargo strap brand built from a garage invention.
The Invent With Me Podcast, where each week we help aspiring inventors and product creators to turn their innovative ideas into reality. Join us on youtube to have the ultimate show experience! www.youtube.com/@inventwithme